Brief: Romanian Banca Transilvania's net profit rises 9.9 pct y/y

Banca Transilvania

14/11/2016 17:16

BUCHAREST, Nov 14 (Reuters) - Romanian lender Banca 
Transilvania  ROTLV.BX      
    * Says Banca Transilvania's net profit rose by 9.9 percent 
on the year in the first nine months to 657 million lei  
($156.15 million). 
    * Says non-performing loans represent 5.55 percent of its 
total loan portfolio, a significant improvement compared to the 
9.75 percent at the end of 2015;  
    * Says the loan/deposit ratio reached 72 percent at the end 
of the third quarter. 
    * Says coverage of non-performing loans with related 
provisions and mortgage collateral remains at a comfortable 
level of 123.32 percent and in line with the bank's risk 
appetite; 
    * The bank's CAR is 19.12 percent, taking into account the 
profit for the first 9 months of 2016 (16.91 percent without 
profit). 
 
    Further company coverage: ROTLV.BX 
($1 = 4.2075 lei) 
 
 (Bucharest newsroom) 
 ((bucharest.newsroom@thomsonreuters.com; +40 21 305 5266)) 
 
Keywords: BANCATRANSILVANIA/